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Wheat Mini FuturesWW

Wheat Mini Futures

557'0USXD
−5'4−0.98%
At close at Mar 14, 18:19 GMT
USX
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XW1! trade ideas

ZW1! Long IdeaHi guys ! My view is a long position for ZW1! according to G20 meeting Trump - Xi Chiping will find a short timely solution about the recent trade war , so agriculture futures will temporarely rebound i think . According to my technical indicators that i use ADX and Vortex index , they signal a buy just for a quick trade . ADX tends to achieve 40 and the + vi is above the -vi which is a buy signal. My target is for now 525. Hope you find that usefull , have fun ! This post is not an advice , it is just an idea so be carefull for any positioning.
CBOT:ZW1!Long
by OmenFinance
Wheat - Time for a choiceWheat has failed 4 weeks in a row to break the 525 price barrier - the weekly MA20 which is in negative direction! If we look at the shape it seems that we will head up, but there are several reasons why we should consider shorting: Weekly MA 20 just above 525 with negative direction Daily MA 50 just above 525 with negative direction We are in decline on the monthly charts 1H, 2H and 4H chart overbought Sell at 525 $ SL - 530 Target 485 $ Timeframe 2 weeks!
CShort
by SlaviToskov
WHEAT FUTURES, 1D, CBOTTrading Signal Short Position (EP) : 572 Stop Loss (SL) : 587.5 Take Profit (TP) : 534, 505.25 Description ZW formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (572) and place stop after 0.618 level (587.5). Once the position was hit, place take profit before an agreement (534) and 505.25 Money Management Money in portfolio : $48000 Risk Management (1%) : $480 Position Sizing $0.25 = +-$ 12.50 (Standard) Commission fee = -$2.82/contract (Standard) EP to SL = $15.5 = -$775/contract (STD) Contract size to open = 2 standard contracts EP to TP#1 = $38 = +$1900 (STD) EP to TP#2 = $66.75 = +$3337.5 (STD) Expected Result Commission Fee = -$3.61 Loss = -$496 Gain#1 = +$588 Gain#2 = +$912 Total Gain = +$1500 Risk/Reward Ratio = 3.35
CShort
by Fast9
WHEAT FUTURES, 1D, CBOTTrading Signal Short Position (EP) : 573.75 (573’6) Stop Loss (SL) : 588.75 (588’6) Take Profit (TP) : 521, 479.5 (521’0, 479’4) Description ZW formed Double Repo Sell at 1d time frame. Trade setup with Sell Limit at 0.382 Level (573.75) and place stop after 0.618 level (588.75). Once the position was hit, place take profit before an agreement (521) and 479.5 Money Management Money in portfolio : $150000 Risk Management (1%) : $1500 Position Sizing $0.25 = +-$ 12.50 (Standard) Commission fee = -$2.82/contract (Standard) EP to SL = $15 = -$750/contract (STD) Contract size to open = 2 standard contracts EP to TP#1 = $52.75 = +$2637.5 (STD) EP to TP#2 = $94.25 = +$4712.5 (STD) Expected Result Commission Fee = -$3.61 Loss = -$480 Gain#1 = +$820 Gain#2 = +$1920 Total Gain = +$2740 Risk/Reward Ratio = 4.86
CShort
by Fast9